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Top Senate Democrat: Bankers 'Own' the US Congress"And the banks -- hard to believe in a time when we're facing a banking crisis that many of the banks created -- are still the most powerful lobby on Capitol Hill. And they frankly own the place."by Glenn Greenwald, Published on Thursday, April 30, 2009 by Salon.com

Thievery Under the TARP"We are being robbed big-time, but you can't say we haven't been warned. Not after the release Tuesday of a scathing report by the Treasury Department's special inspector general, who charged that the aptly named Troubled Asset Relief Fund bailout program is rife with mismanagement and potential for fraud. The IG's office already has opened 20 criminal fraud investigations into the $700 billion program, which is now well on its way to a $3 trillion obligation, and the IG predicts many more are coming."by Robert Scheer, Published on Wednesday, April 22, 2009 by TruthDig.com

Economy in Jeopardy. Barack Obama: "Financial Crime Boss""Since taking office, Obama, wittingly or otherwise, has headed the largest criminal enterprise in history - the mass looting of national wealth to enrich his Wall Street benefactors. He assembled a rogue economic team of Clinton/Robert Rubin retreads - to fix the current crisis they engineered."By Stephen Lendman Global Research, April 18, 2009

Dear Friends: Once more, please remember:" When I was the Democratic Candidate for Congress in 1988, my two main issues were the loss of jobs and an increasing federal debt. Whenever Ronald Reagan became President in 1981, our great country had gone nearly 200 years before acquiring a trillion dollars in our federal (national) debt. By the time, he left the presidency in 1989, Reagan, a "fiscal conservative" had nearly "tripled" the national debt to 2.87 trillion dollars. Four years later, George H. W. Bush left office. The national debt, ending fiscal 1993, had increased by $1.48 trillion to $4.35 trillion. By the end of Bill Clinton's last fiscal year,2001, the national debt had increased by $1.65 trillion, (in eight years) to $5.87 trillion.

In his eight years as president, George W. Bush and Rep. Pence increased the national debt by over $6 trillion. At the end of fiscal 2009, the national debt was $11.898 trillion.

Why is it important for you to know this? The national debt figures out to be $50,000 for every man , woman and child, or over $200,000 per family of four. Who will pay this debt?

Bloomberg.com has reported, on April 9, 2009, "Financial Rescue Nears GDP as Pledges Top $12.8 Trillion." By Mark Pittman and Bob IvryAn excerpt, "The money works out to $42,105 for every man, woman and child in the U.S."Combining the current national debt of over $35,000 per individual withthe above $42,105 plus Obama's deficit puts every citizen "in hock" for over$82,000 as their part of the national debt. Thus a family of four will oweover $330,000 on the national debt.

How can this debt ever be repaid?President Obama's first budget projects a deficit of $1.75 trillion.Thus Americans are facing a potential debt of over $25 trillion . How can this debt ever be repaid? Who will pay this debt?

It should be evident to every American, no matter what your political persuasion, that President Obama is not going to "bail out" or help the consumer but rather continue to keep the "establishment," the Wall Street and political elites in power by "bailing out" the banks, especially those with "toxic assets."

Obama's, Geithner's and Congress' current lie is that by having the taxpayer foot the bill for these toxic assets, more monies will be unfrozen for lending. This is plain and simple a case of "thievery," by Obama and Congress, intended to line the wallets of the Wall Street banksters.

Dear Friends: Please read the following: These ten items will guide us through a bail out paid for by "Wall Street,"not by we taxpayers as Pence, Obummer. Pelosi and Reid have done.

10 Ways to Bail Out Wall Street (and Main Street) Without Soaking Taxpayers in Debt By Chuck Collins and Dedrick Muhammad, AlterNetPosted on September 25, 2008, Printed on September 29, 2008http://www.alternet.org/story/100223/

An excerpt: "As Congress debates the particulars of the Bush-Paulson bailout, one key question has gone largely unexplored: Who will pay for this mess?"

"The lion's share of bailout funding should come from the high-finance gamblers and the wealthy CEOs who have so profited from our casino economy.As Congress debates the particulars of the Bush-Paulson bailout, one key question has gone largely unexplored: Who will pay for this mess?"

In my opinion, Obama and his fellow "harlots" in Congress are "screwing " the hell out of the little guy! The average American family, working folks and retirees will pay dearly for this thievery by Obama and Congress.Obama's Wall Street cabinetExcerpts include, "the administration, in both its personnel and policies, is a political instrument of Wall Street.""Policies that are extraordinarily favorable to the financial elite that were put in place over the past month by the Obama administration have fed a surge in share values on Wall Street."By Tom Eley and Barry GreyGlobal Research, April 15, 2009

Both highly respected economists and Nobel Prize Recipients, Paul Krugman and Joseph Stiglitzhave spoken out against Obama and Geithner using taxpayers monies to bail out the toxic assets of these banks. Krugman describes this plan as"cash for trash" in his article,Financial Policy Despair, March 23, 2009, New York TimesA must read paper, somewhat lengthy, documents why Americans should be challengingPresident Obama's programs and his projected budget for fiscal 2010."America's Fiscal Collapse", "In actuality, what we are dealing with is the most drastic curtailment in public spending in American history, leading to social havoc and the potential impoverishment of millions of people.""The Obama promise largely serves the interests of Wall Street, the defence contractors and the oil conglomerates. In turn, the Bush-Obama bank "bailouts" are leading America into a spiralling public debt crisis. The economic and social dislocations are potentially devastating."

This is a "War Budget". The austerity measures hit all major federal spending programs with the exception of: 1. Defence and the Middle East War: 2. the Wall Street bank bailout, 3. Interest payments on a staggering public debt.By Michel ChossudovskyGlobal Research, March 2, 2009

In my opinion, President Obama, like Bush, is nothing more than a "political harlot," a master of deceit and a chronic liar.Why do I call Obama a "liar?" When the news came out that the Wall Street bankers, the very ones. who because of their greed, were receiving "bonuses" from the bail out monies, Americans were pissed. Obama's feigned outrage at the payment of these "bonuses" was as phoney as could be. Obama had to be aware that the provision forbidding these bonuses had been removed at the request of Wall Street. Obama is a chronic liar!

Has Obama sold out the American people by appointing the likes of Wall Street hustlers, Geithner, Summers, Rahm Emmanuel and others to his tadministration. Have these Wall Street hustlers along with Bill Clinton, Paulson, Greenspan, Ruben, Gramm and others laid the foundation of one of the most fraudulent swindles ever; the bailing out of Wall Street's financial institutions and the major banks' "toxic assets" at the expense of the American working class taxpaying families?

In my opinion, these bailouts, like The Pence-Bush tax cuts for the rich, have one purpose in mind; THE IMPOVERISHMENT OF AMERICA AND AMERICA'S WORKING FAMILIES VIA PERPETUAL DEBT AND ENDLESS WARS!In my opinion,this is the dream of the New World Order folks; the Rothchilds, the Rockefellers, Kissinger, Wolfowitz, the George Bushes, Obama, The Clintons, Cheney, Biden, Hoyer, Bohner, Pelosi, Rep. Pence and the rest.

Another enthusiastic reporter, David Sirota's "Obama's team of zombies"is a must read!"Even under the new president, Washington is the same one-party town it always has been -- controlled not by Democrats or Republicans, but by thieves." "the White House's economic team -- a squad of corporate lackeys disguised as public servants."

_What has happened is the result of nearly thirty years of "de-regulation" and laws designed specifically to enrich the rich, more "welfare for the wealthy."Reagan, along with Greenspan was a big supporter of "de-regulation."

Clinton, Ruben, Summers, Geithner, Phil Gramm and Greenspan were instrumental in destroying the "Glass-Steagall Act," which kept commercial and investment banks separated. Clinton was very big on "de-regulation" as he saw it as a way of being more "business friendly," a friendliness that resulted in a windfall of campaign contributions for Democratic candidates who supported "de-regulation."

George W. Bush has kept on with this program of "de-regulation" and tax cuts for the rich. In 2004, the F.B.I. warned there was an epidemic of fraud in the financial markets; but as usual nothing was done.

Obama's Council of Economic Advisors, headed by multi- millionaire Larry Summers and his "Clintonistas" and Obama's selection of Timothy Geithner as Sec'y of The Treasury are powerful reminders that it's business as usual. Obama's rantings about reform are hollow when one does some research on what has really happened!

Investigative journalist Glenn Greenwald has an excellent article in Salon magazine. "Larry Summers, Tim Geithner and Wall Street's ownership of government." April 5, 2009. An excerpt: "Just think about how this works. People like Rubin, Summers and Gensler shuffle back and forth from the public to the private sector and back again, repeatedly switching places with their GOP counterparts in this endless public/private sector looting. When in government, they insure that the laws and regulations are written to redound directly to the benefit of a handful of Wall St. firms, literally abolishing all safeguards and allowing them to pillage and steal. Then, when out of government, they return to those very firms and collect millions upon millions of dollars, profits made possible by the laws and regulations they implemented when in government Then when their party returns to power, they return to government, where they continue to use their influence to ensure that the oligarchical circle that rewards them so massively is protected and advanced. This corruption is so tawdry and transparent -- and it has fueled and continues to fuel a fraud so enormous and destructive as to be unprecedented in both size and audacity -- that it is mystifying that it is not provoking more mass public rage. "

A better title to this excellent article should have been, The Oligarchs' Escape Plan - at the Taxpayer's Expense Reproduced from Information Clearing HouseFinance Capitalism Hits a WallThe Oligarchs’ Escape Plan – at the Treasury’s Expense By Prof. Michael HudsonPlease remember; Rep. Mike Pence has been one of the biggest supporters of "de-regulation" and using taxpayer monies to bail out the banks and their "toxic assets. Why?Look at Pence's list of Pac contributions and notice how many financial institutions are listed.Notice especially, the Pac monies from "The Friends of Phil Gramm."In my opinion, Rep. Pence, like Barney Franks, Pelosi, Obama and the others, are only too happy to take political contributions from those being overseen! Franks and many others in Congress, have received millions in campaign contributions from the financial companies. Rep. Pence has receivedhundreds of thousands of dollars, if not millions, from these same companies also!

So American Citizen, "where is your outrage?"

Updated Feb. 26, 2009Please read: "How The U S Economy Was Lost" by Dr. Paul Craig Roberts,Feb. 24,2009 Information Clearing House+++++++++++++++++++++++++++++++++++++++++By now, everyone is aware that President Bush and Congress gaveSec'y of The Treasury Paulson $ 700 billion of our tax moneys and made Mr. Paulson a virtual czar in making our economy right again.. My concerns are (1) there was a much better way of making those responsible for this mess; the ultra rich and their greed' pay for this mess rather than the American taxpayer. Chuck Collins and Dedrick Muhammad have written an excellent paper."Ten Ways to Bail Out Wall Street, (And Main Street) Without Soaking Taxpayers In Debt! This paper will be my guide, if I am elected to Congress, in determining who will pay for future bailouts; those responsible; not the American taxpayer!(2) Mr. Paulson, a multi-millionaire, (worth a reported $ 700 million) is one of the culprits, along with Congress, Bush and Greenspan, responsible for this mess. Federal Reserve Chairman Bernanke and Treasury Sec'y Geitner, Congress and Pres. Obama are going to make sure the greedy banksters responsible for this mess will come out smelling like roses, while the average "little guy" gets screwed once again by the whores in Congress and the Wall Street banksters.

Updated Sept.8, 2008After eight years of Daniels as Governor, Eight years of Pence as Congressman,consider the following and why for real change, Indiana's Sixth District needs real choice and real change, you should vote for George Holland For Congress in 2012.Indiana's jobless now number over 200,000. That's an increase of 60,000 in just the past one year. More jobless families mean " of Indiana homeowners with a mortgage, more than 11 1/2 percent or 100,000 were either behind on their payments or in foreclosure at the end of June."Folks, times are tough and it could have been avoided.As more families lose their jobs and homes, there will be more divorces, more broken homes and more "homeless," either on the streets or living with relatives. Health care costs are soaring and forty million Americans are without health insurance. So with all these problems at home;Why are we still in quagmires of "deep doo doo' in both Iraq and Afghanistan and all of the above politicians, including Obama, wanting to invade Iran?On costs of war, if you don't object to these planned, contrived, needless, endless wars because of the human suffering; you had better understand it from the point of your wallet or purse! Already, America has troops in fourmiddle east countries, Iraq, Iran, Afghanistan and Pakistan. The costs so far are well over three trillion dollars, all on "The Giant Credit Card" and no end in sight. The Treasury Department has announced the "bailout " of Freddie Mac and Fannie Mae. The treasury has no monies. It will either have to have the Federal Reserve print up "paper" (fiat) money or raise taxes. These irresponsible fiscal policies can be traced to both Republicans and Democrats and their support for "free markets" which is deregulation and unsupervised policies of these financial institutions! Want real change, vote George Holland For Congress in 2012!Aug. 20, 2008"79 Million Americans Struggle To Pay Medical Bills.Folks, another sign of the times! Please read this article. This is where our tax dollars should be going! Too many of these folks remain silent and indifferent to the four wars currently going on in Iraq-Iran, Afghanistan-Pakistan. These wars, based on lies , deceit and greed are needless and were deliberately planned as part of the oligarchy's "War Party" that controls our country, in their efforts to impoverish our country. These "war costs" could have been used to help them cushion their medical bill expenses! Why aren't these citizens demanding that America address their health costs problems instead of feeding the hogs of war, the war profiteers? Updated Aug. 18, 2008

We are a "bankrupt nation!" How can any one justify the costs of war; the costs of staying in Iraq and Afghanistan? How can Congress justify "bailing out Wall Street"at the expense of "the little guy?"

I wrote of this in my 2005 announcement. In June, there were 62 thousand more "lay-offs" bringing ytd lay offs to one-half million. Whenever airline pilots and flight attendants are laid off by the thousands, that says something about how bad the economy is ! It's past time to document how all this happened.The recent purchase of Anheiser Busch by a Belgian firm points out the severity of American Companies being bought by foreign ownership. Roche Laboratories buying up more of Genetech! More and more Americans are receiving their paychecks from foreign owners!Folks, this is not a good thing!Thom Hartmann's "When Americans no longer own America" is a good start. Remember, in 1988, twenty years ago, my main campaign issue was , "Where are the jobs"? By reading Hartmann you realize how this happened; it was due to Reagan's "globalization" and "free trade." Reagan's "supply side" economics also embraced "free markets" and less regulation.In 2006, I featured an article , "Economic Armageddon." I warned of the financial bondage that would be placed upon our children! Congress has sit on its thumbs, doing nothing to prevent this "meltdown."

The point is this article was written in 2004; eight years ago. Just as President Bush rode his bicycle and strummed his guitar for four days as Hurricane Katrina gathered strength and finally devastated New Orleans; he and Congress, including Rep. Pence, should have been aware of the dangerous of "deregulation" and the coming "real estate" and "banking" bubbles. Bush and Congress had ignored all the warnings given for those four years!

As more and more financial markets collapse, the taxpayer is going to be used to "bail out" these commercial scoundrels! Fannie Mae & Freddie Mac is not a ripple, it's a tsunami wave in our economy. Instead of letting these firms fold, the taxpayer is called upon to "bail them out'! Our dollar continues to weaken. The dollar is no longer protected by the ""gold standard" so and Bernanke can print all the "paper money" that is needed to bail out these crooks, and our children will pay for it for decades. Please read "Where is the outrage!" [

Please note Hartmann's reference to "The New World Order". The debt of endless, needless war,